Finance for allied health, shaped around how you get paid.

Some lenders extend professional packages to physiotherapists, psychologists, podiatrists, chiropractors, optometrists and other registered practitioners, with lighter documentation and sharper pricing on equipment and practice finance. Registration and a practice plan are the key documents. A broker knows which lenders include your profession.

Yes. Practice acquisition finance funds the purchase of an existing clinic or a buy-in against its billings and goodwill, with lenders looking at the practice’s financials, referral base and the practitioners staying on. Equipment and fit-out can be financed alongside the purchase.

Yes. Treatment rooms, reception, cabinetry, flooring and treatment equipment can be funded under one fit-out facility with the builder and suppliers paid as the work progresses, repaid over three to five years within the lease term. Equipment such as treatment beds, reformers and diagnostic tools is often financed separately at a sharper rate.

A line of credit or a short-term unsecured loan covers wages and room costs for the three to six months a new practitioner takes to reach a full book, and is repaid as their billings come through. Lenders assess the clinic’s existing billings, so applying while the current team is busy gets the best terms.

Yes, and it is usually best arranged as a package. The fit-out is often funded by a business loan or fit-out finance, the equipment by a chattel mortgage or lease secured on the equipment itself, and the franchise fee and working capital by the main loan. Structuring it this way keeps each part on the cheapest available terms. Lyft Money arranges the parts together so settlement lines up with the franchisor’s opening timetable.

Yes. Lenders regularly fund new practices for registered practitioners with a track record as an employee or associate, because the profession itself gives them confidence. A business plan, the lease on the premises and evidence of qualifications are the main requirements, and the fit-out, equipment and working capital can be funded together as a package so the practice opens fully equipped.

Fit-out finance funds the works needed to open or refurbish a site: joinery, counters and benches, flooring, lighting, partitions, plumbing and electrical, signage, air conditioning and the removable equipment such as kitchen gear, chairs, refrigeration and IT. Lenders treat the removable equipment and the fixed building works differently, so the two are usually funded on separate structures under one arrangement, each priced correctly.

Because removable equipment can be repossessed and resold, lenders finance it as a normal asset with the equipment as security, at asset finance rates. Fixed works such as joinery and flooring become part of the landlord’s building and have no resale value, so they are funded as a business loan against the strength of the business, sometimes with a director’s guarantee or other security. Splitting the two keeps the equipment portion cheap and makes the fixed portion fundable.

Yes. Lenders want the lease, including options, to run at least as long as the loan term, and preferably longer, because the fit-out is only valuable while you occupy the premises. A five-year fit-out loan on a three-year lease with no options is hard to fund. Securing the lease term or options before finalising the fit-out budget makes the application straightforward.

Fit-out finance commonly ranges from $20,000 to $1.5 million. The equipment portion can usually be funded at 100 per cent of the invoice. The fixed works portion depends on the business: established businesses with financials can fund most of it, while new businesses are typically asked to contribute 20 to 40 per cent or offer security. Landlord contributions, common in shopping centres, reduce what needs to be borrowed.